View Full Version : Is the stock market a good investment currently in our polical-economic enviorment?
TheBlackPope
2008-10-27, 19:39
I am almost 18. I have about 1000 saved up. Would it be stupid to invest money in the stock market this moment? Stocks are crashing right now, so some people think its smart to buy low, but after Obama gets in office (which he will) stocks are going to fall even more once he socializes things. And I think that would be a good time to invest in the market once the stocks crash even lower. (If you think that his $1000 cash to all the niggers is going to make the stock market go up, you are ignorant. The only investment they will make is in their crack labs)
So, should I invest in stock market now, or wait until Obama crashes it furthur? Or should I just avoid the stock market completley?
Definitely wait for Obama.
lostmyface
2008-10-28, 15:00
it will be ok in the long run.
what you have to understand is that stocks are a long term thing.
they have an average increase of 10percent over ten years. now that means it could go up one percent a year, or it could go up 20 percent then drop 50 then back up 20 an so on an so forth,
the main point being, you will on average get your ten percent in ten year. but there might be some down years, like now, in between.
personally, i would start looking at some investments, the bottom is coming soon. i doubt the markets drop below 7500, an when it drops you want to buy some cheap blue chips.
TheBlackPope
2008-10-28, 18:48
When you say 10% do you mean that over 10 years I will only be able to get a 10% return? Unless I hit that weird 50% mark that happens rarely?
So if I invest $1000, on average, by 10 years from now that $1000 will only get me $100?
moonmeister
2008-10-28, 19:21
Have you done much research? Sure...there are many conflicting viewpoints. How much do you already know?
For instance: what is the value of the World's Economy, it's GDP?
How many times that value is the dollar value of the "Derivatives Market"? Do you think that it matters? Even if experts find it hard to fathom: what does that ratio "say" to you in these troubled times?
Here's an article, You might check out some of the Asia Times Online finance stuff too. It pays to look around at many sources. Unless it is just pure gambling to you. Like the lottery.
http://www.counterpunch.org/whitney10282008.html
"For now the dollar is flying high, but the future is looking grimmer by the day."
Dichromate
2008-10-29, 00:04
Have you done much research? Sure...there are many conflicting viewpoints. How much do you already know?
For instance: what is the value of the World's Economy, it's GDP?
How many times that value is the dollar value of the "Derivatives Market"? Do you think that it matters? Even if experts find it hard to fathom: what does that ratio "say" to you in these troubled times?
Here's an article, You might check out some of the Asia Times Online finance stuff too. It pays to look around at many sources. Unless it is just pure gambling to you. Like the lottery.
http://www.counterpunch.org/whitney10282008.html
"For now the dollar is flying high, but the future is looking grimmer by the day."
A lot of the quotes about the size of the derivatives market are from people pulling stuff out of their ass.
I've heard people come out with figures like "1000 trillion"
which is hoarse shit because they're not actually talking about the value of the contracts.
SurahAhriman
2008-10-31, 21:24
Only invest in stocks if you're in it for the long haul. If you want a nice savings account to start working towards a car or mortgage withing the next 5 or so years, bad idea. If you want to start putting together long terms savings, then the next couple of months could be a very, very good time to get in.